2020-10-22T15:10:25-05:00 2019-12-31 113266576 GRASSI & CO CPA'S PC 50 JERICHO QUADRANGLE SUITE 200 JERICHO NY 11753 990 2019-01-01 135622663 IRON WORKERS LOCAL 40 361 & 417 HEALTH FUND IRON 2126841586 451 PARK AVE SOUTH NEW YORK NY 10016 BRIAN SABBAGH FUND MANAGER 2126610945 2020-10-22 1 ALAN SILVERSTEIN P00043838 2126610945 2020-10-22 24.38.5.5 2020-10-22 14:00:34 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 6CE40AAD7BD5615F1C98C4890DF513EB4EBB431E 2019 2021-04-22 16:20:28Z BRIAN SABBAGH 451 PARK AVE SOUTH NEW YORK NY 10016 393486796 0 X WWW.IRONWORKERS.NET X 1948 NY TO PROVIDE HEALTH, VACATION AND OTHER BENEFITS 18 18 21 0 0 0 0 0 127040041 126025487 4444047 6654933 3126 1103 131487214 132681523 0 0 118897058 119441304 2294438 2345290 0 0 0 2043782 2212903 123235278 123999497 8251936 8682026 194156991 215775171 29585681 30835380 164571310 184939791 HOSPITALIZATION, COMPREHENSIVE, MEDICAL, PRESCRIPTION, DENTAL, OPTICAL, SUPPLEMENTARY MEDICARE, AND VACATION BENEFIT 0 0 HOSPITALIZATION, COMPREHENSIVE MEDICAL, PRESCRIPTION, DENTAL, OPTICAL, SUPPLEMENTARY MEDICARE, AND VACATION BENEFITS 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 2759 0 21 1 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 1 1 0 0 0 X BRIAN SABBAGH 2126841586 451 PARK AVE SOUTH NEW YORK NY 10016 X JAKE BIDOSKY EMPLOYERS TRUSTEE 0.50 0.50 X 0 0 0 STEVE ISAACSON EMPLOYERS TRUSTEE 0.50 0.50 X 0 0 0 ROBERT SAMELA EMPLOYERS TRUSTEE 0.50 0.50 X 0 0 0 RICHARD LUCAS EMPLOYERS TRUSTEE 0.50 0.50 X 0 0 0 A ALAN SEIDMAN EMPLOYERS TRUSTEE 0.50 0.50 X 0 0 0 DANIEL TEUTUL EMPLOYERS TRUSTEE 0.50 0.50 X 0 0 0 TERRY DALY EMPLOYERS TRUSTEE 0.50 0.50 X 0 0 0 ROBERT WEISS EMPLOYERS TRUSTEE 0.50 0.50 X 0 0 0 DANIEL DOYLE UNION TRUSTEE 0.50 0.50 X 0 0 0 CHRISTOPER WALSH UNION TRUSTEE 0.50 0.50 X 0 0 0 ROBERT WALSH UNION TRUSTEE 0.50 0.50 X 0 0 0 MICHAEL GAYDOS UNION TRUSTEE 0.50 0.50 X 0 0 0 JOHN CUSH UNION TRUSTEE 0.50 0.50 X 0 0 0 MATTHEW CHARTRAND UNION TRUSTEE 0.50 0.50 X 0 0 0 ANTHONY DEBLASIE UNION TRUSTEE 0.50 0.50 X 0 0 0 KEITH EISGRUBER UNION TRUSTEE 0.50 0.50 X 0 0 0 MATTHEW P STODDARD UNION TRUSTEE 0.50 0.50 X 0 0 0 BRIAN SABBAGH FUND MANAGER 35.00 5.00 X 210891 0 118727 HELENE SCHWARTZ EMPLOYEE 35.00 5.00 X 154996 0 118727 ELSIE O'NEIL EMPLOYEE 35.00 5.00 X 169156 0 118727 IAN CHAN EMPLOYEE 35.00 5.00 X 153250 0 118727 JOHN J DELANEY EMPLOYEE 35.00 5.00 X 173628 0 118727 JIM DUFFICY EMPLOYEE 35.00 5.00 X 161207 0 118727 LUCIA BAUKNIGHT EMPLOYEE 35.00 5.00 X 154996 0 118727 DOREEN STENNETT EMPLOYEE 35.00 5.00 X 131511 0 118727 GARRENT LEUNG EMPLOYEE 35.00 5.00 X 111347 0 118727 1420982 0 1068543 9 0 1 0 JMS ASSOCIATES 89 JOSEPH AVE STATEN ISLAND NY 10304 ACCOUNTING 288000 COLLERAN O'HARA & MILLS LLP 100 CROSSWAYS PARK DR W 200 WOODBURY NY 11797 LEGAL 151268 SEGAL CONSULTANTS 333 WEST 34TH ST NEW YORK NY 10001 ACTUARY 151018 3 EMPLOYER CONTRIBUTIONS 230000 125624637 125624637 EMPLOYEE CONTRIBUTIONS 230000 400850 400850 126025487 4936710 4936710 262523496 260805273 1718223 1718223 1718223 MISC INCOME 230000 677 677 SERVICE FEE INCOME 230000 426 426 1103 132681523 127743710 0 4937813 119441304 1294190 964785 86315 154104 245586 337262 72291 178937 350411 8563 39180 18983 216712 INVESTMENT EXPENSE 364334 ADMIN EXPENSES 106746 POSTAGE 59518 MISCELLANEOUS EXPENSE 20658 39618 123999497 19680701 19262718 18840929 7627109 8271433 8676734 101882 101882 2304892 2243716 85260 61176 144619726 177086663 2557060 2958889 194156991 215775171 28198289 27363163 1387392 3472217 29585681 30835380 X 0 0 0 0 164571310 184939791 164571310 184939791 194156991 215775171 8682026 11686455 0 X 0 1 X 0 0 2304892 2243716 61176 61176 U.S. GOVERNMENT AND AGENCIES 78481540 F COMMON STOCK 14541207 F CORPORATE BONDS AND DEBENTURES 54294414 F STATE AND LOCAL BONDS 450832 F EXCHANGE TRADED FUNS 21061552 F COMMON COLLECTIVE TRUST 8257118 F 177086663 ESCROW PAYABLE 30000 DUE TO AFFILIATED FUNDS 424783 EXCHANGE 1002208 DUE TO BROKER 2015226 3472217 X 144003644 11686455 11686455 132317189 364334 364334 132681523 124450194 0 124450194 364334 -815031 -450697 123999497 PART X, LINE 2: THE PLAN ADOPTED THE PROVISIONS PERTAINING TO UNCERTAIN TAX PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES, AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITSBY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE FOUNDATION BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS PRIOR TO 2016. PART XII, LINE 4B - OTHER ADJUSTMENTS: DECREASE IN BENEFITS PAYABLE -815,031. 0 0 0 BRIAN SABBAGH FUND MANAGER 210891 0 0 0 0 0 38277 20556 38967 20927 288135 41483 0 0 HELENE SCHWARTZ EMPLOYEE 154996 0 0 0 0 0 38277 20556 38967 20927 232240 41483 0 0 ELSIE O'NEIL EMPLOYEE 169156 0 0 0 0 0 38277 20556 38967 20927 246400 41483 0 0 IAN CHAN EMPLOYEE 153250 0 0 0 0 0 38277 20556 38967 20927 230494 41483 0 0 JOHN J DELANEY EMPLOYEE 173628 0 0 0 0 0 38277 20556 38967 20927 250872 41483 0 0 JIM DUFFICY EMPLOYEE 161207 0 0 0 0 0 38277 20556 38967 20927 238451 41483 0 0 LUCIA BAUKNIGHT EMPLOYEE 154996 0 0 0 0 0 38277 20556 38967 20927 232240 41483 0 0 DOREEN STENNETT EMPLOYEE 131511 0 0 0 0 0 38277 20556 38967 20927 208755 41483 0 0 GARRENT LEUNG EMPLOYEE 111347 0 0 0 0 0 38277 20556 38967 20927 188591 41483 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO MEMBERS OF ORGANIZATION'S GOVERNING BODY BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY MONITORS THE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. ENFORCEMENT OF POLICY AND COMPLIANCE WITH THE POLICY IS ADDRESSED AT QUARTERLY BOARD MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS AVAILABLE UPON REQUEST IRON WORKERS LOCALS 40 361 & 417 PENSION FUND 451 PARK AVE SOUTH NEW YORK NY 10016 516102576 TO PROVIDE PENSION BENEFITS TO MEMBERS NY 0 IRON WORKERS LOCALS 40 361 & 417 ANNUITY FUND 451 PARK AVE SOUTH NEW YORK NY 10016 237299279 TO PROVIDE ANNUITY BENEFITS TO MEMBERS NY 0 IRON WORKERS LOCALS 40 361 & 417 TOPPING OUT FUND 451 PARK AVE SOUTH NEW YORK NY 10016 133156507 TO PROVIDE SUPPLEMENTAL MEDICAL AND UNEMPLOYMENT BENEFITS TO MEMBERS NY 501(C)(9) 0 IRON WORKERS LOCALS 40 361 APPRENTICESHIP & TRAINING FUND 35-23 36TH STREET ASTORIA NY 11106 132571023 TO PROVIDE TRAINING TO MEMBERS NY 501(C)(3) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 IRON WORKERS LOCALS 40361 & 417 PENSION FUND Q 579956 TIME AND MOTION STUDY IRON WORKERS LOCALS 40361 & 417 ANNUITY FUND FUND Q 674888 TIME AND MOTION STUDY IRON WORKERS LOCALS 40361 & 417 TOPPING OUT FUND FUND Q 623705 TIME AND MOTION STUDY IRON WORKERS LOCALS 40361 & 417 APPRENTICESHIP & TRAINING FUND Q 53205 TIME AND MOTION STUDY